Expedia Inc. (EXPE): Today's Featured Leisure Laggard

Expedia was a leading decliner within the leisure industry, falling $0.73 (-1.5%) to $48.18 on light volume

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Expedia ( EXPE) pushed the Leisure industry lower today making it today's featured Leisure laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Expedia fell $0.73 (-1.5%) to $48.18 on light volume. Throughout the day, 2,483,637 shares of Expedia exchanged hands as compared to its average daily volume of 3,676,100 shares. The stock ranged in price between $48.01-$49.13 after having opened the day at $48.91 as compared to the previous trading day's close of $48.91. Other companies within the Leisure industry that declined today were: Dover Downs Gaming & Entertainment ( DDE), down 5.8%, Diversified Restaurant Holdings ( BAGR), down 5.2%, Rick's Cabaret International ( RICK), down 4.3% and Empire Resorts ( NYNY), down 3.9%.

Expedia, Inc., together with its subsidiaries, operates as an online travel company in the United States and internationally. Expedia has a market cap of $5.8 billion and is part of the services sector. Shares are down 20.4% year to date as of the close of trading on Wednesday. Currently there are 6 analysts that rate Expedia a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Expedia as a hold. The company's strengths can be seen in multiple areas, such as its robust revenue growth, reasonable valuation levels and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.